Douglas B.
Can someone explain the benefits of rental income tax savings?
I've heard it said that business income is handled differently than traditional earned employee income. Can someone explain this in an example for me? For example, how is $10k of earned employee income taxed dif...
Nandish Desai
DSCR Close as individual
My wife and I bought our first condo in our own names. We recently sold that condo to 1031 exchange. We had bought the condo with a conventional mortgage in our individual names. For 1031 exchange, we can't close the ...
Robert Ice
My first rental in Georgia
Investment Info:
Single-family residence buy & hold investment in Warner Robins.
Purchase price: $118,000
Cash invested: $35,000
Single family home.
What made you interested in investin...
Leslie Thompson
Getting Back Into Real Estate - Newark, NJ
Hi my name is Les. I've always had an interest in real estate since 2002 when I used to work as a real estate agent in NYC (renting out apts in Manhattan). Then, I took a break from real estate and was working at a he...
John Roldan
Beginner in Jersey City
Hey All,I'm John and I've always had an interest in real estate as a result of its passive income opportunity and ability to generate income using other peoples money.My family actually owns real estate in both Jersey...
Luther Epperhart
No or Low Income Home Equity Loan
Does anyone know a no or low income Home Equity Loan lender? Is there no such thing any more? I don't want to refi. as I only need 50K from my equity and don't want to give up the great rate I got 18 months ago. I...
Garrett Hollenbach
Do "2nd Homes" affect Debt-to-income ratio?
Hello BP community, Here is my scenario: 1. I purchase a condo as a "second home" with a 10% downpayment2. live in it for 2 weeks out of the year (as stated by law where I live)3. Then rent it as a STR for the remaind...
Leo Gonzalez
Paying Income Tax on Low Cost/High Cashflow properties
After successfully purchasing and renting out a duplex in Syracuse NY I've started considering the tax implications of the gross income I will be receiving. The analysis I did on the property accounted for expenses l...
Greg Berzins
Newbe question, Buy for Rent or Flip
So I'm 49yrs old, just sold my personal home of 25yrs, my manufacturing business of 25yrs, and 80% of our personal assets and moved from North East Ohio to Central Tennessee. I am now without any self employed income...
Austin Godwyn
Hi everyone, starting out in real estate investing & have q's..
Hello everyone, I am looking to start investing into some real estate.. Specifically looking to get into some kind of multi family home or a duplex where I can do some sort of house hack deal. I have about $170k cash ...